Mission
THE MISSION OF THE CATO INSTITUTE IS TO KEEP THE PRINCIPLES, IDEAS, AND MORAL CASE FOR LIBERTY ALIVE FOR FUTURE GENERATIONS, WHILE MOVING PUBLIC POLICY IN THE DIRECTION OF INDIVIDUAL LIBERTY, LIMITED GOVERNMENT, FREE MARKETS, AND PEACE.
Public Charity
CATO INSTITUTE
CATO INSTITUTE, of WASHINGTON, DC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $62.8M in revenue, $47.4M in expenses, $190.5M in total assets. 260 publicly reported grants to this organization, totaling roughly $112.9M, appear in IRS filings.
EIN: 237432162
WASHINGTON, DC
Latest filing: 2025
Total Revenue$62.8M
Total Expenses$47.4M
Total Assets$190.5M
Grant Records260
Funding Total$112.9M
Filing Years2021–2025
Sample Grants Received
GENERAL SUPPORT
$10,000
For grant recipient's exempt purposes
$11,428,237
PUBLIC, SOCIETAL BENEFIT
$1,534,218
for general operations
$1,163,125
HUMAN SERVICES
$897,850
Showing up to 5 of 260 total records — full history available with membership.
Officers & Directors
DIRECTOR
Baron Bond
SR VP FOR LEGAL STUDIES
Clark Neily
DIRECTOR
David C Humphreys
DIRECTOR (THRU 08/20/2024)
Eileen S Leech
DIRECTOR
Fred Young
SENIOR VP FOR POLICY
Gene Healy
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $62.8M | $47.4M | $190.5M |
| 2024 | $71.9M | $41.8M | $172.2M |
| 2023 | $57.7M | $37.7M | $135.0M |
| 2022 | $45.9M | $31.3M | $116.8M |
| 2021 | $43.0M | $28.2M | $103.8M |
Between 2021 and 2025, reported annual revenue grew from $43.0M to $62.8M (+46%), with total assets most recently reported at $190.5M.
Interactive year-over-year charts and full filing details available with membership.